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Invesco Water Resources ETF

Product Details

The Invesco Water Resources ETF (Fund) is based on the NASDAQ OMX US Water Index (Index). The Fund generally will invest at least 90% of its total assets in common stocks and American depositary receipts (ADRs) and global depositary receipts (GDRs) of companies in the water industry that comprise the Underlying Index. The Underlying Index seeks to track the performance of US exchange-listed companies that create products designed to conserve and purify water for homes, businesses and industries. The Fund and the Index are rebalanced quarterly and reconstituted annually in April.

as of 12/31/2020

Morningstar Rating

Overall Rating - Natural Resources Category

As of 12/31/2020 the Fund had an overall rating of 5 stars out of 102 funds and was rated 5 stars out of 102 funds, 5 stars out of 96 funds and 5 stars out of 85 funds for the 3-, 5- and 10- year periods, respectively.

Morningstar details

Source: Morningstar Inc. Ratings are based on a risk-adjusted return measure that accounts for variation in a fund's monthly performance, placing more emphasis on downward variations and rewarding consistent performance. Open-end mutual funds and exchange-traded funds are considered a single population for comparison purposes. Ratings are calculated for funds with at least a three year history. The overall rating is derived from a weighted average of three-, five- and 10-year rating metrics, as applicable, excluding sales charges and including fees and expenses. ©2020 Morningstar Inc. All rights reserved. The information contained herein is proprietary to Morningstar and/or its content providers. It may not be copied or distributed and is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance does not guarantee future results. The top 10% of funds in a category receive five stars, the next 22.5% four stars, the next 35% three stars, the next 22.5% two stars and the bottom 10% one star. Ratings are subject to change monthly. Had fees not been waived and/or expenses reimbursed currently or in the past, the Morningstar rating would have been lower. Ratings for other share classes may differ due to different performance characteristics.

as of 12/31/2020 12/31/2020

Performance

Index History (%) YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Nasdaq OMX US Water Index-TR 21.51 21.51 16.57 17.70 N/A N/A
S&P 500 Index 18.40 18.40 14.18 15.22 13.88 9.75
Fund History (%)
Fund NAV 20.82 20.82 15.90 16.97 9.98 8.28
After Tax Held 20.57 20.57 15.74 16.83 9.84 8.15
After Tax Sold 12.29 12.29 12.45 13.72 8.20 6.93
Fund Market Price 20.89 20.89 15.92 16.98 9.98 8.21
Index History (%) YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Nasdaq OMX US Water Index-TR 21.51 21.51 16.57 17.70 N/A N/A
S&P 500 Index 18.40 18.40 14.18 15.22 13.88 9.75
Fund History (%)
Fund NAV 20.82 20.82 15.90 16.97 9.98 8.28
After Tax Held 20.57 20.57 15.74 16.83 9.84 8.15
After Tax Sold 12.29 12.29 12.45 13.72 8.20 6.93
Fund Market Price 20.89 20.89 15.92 16.98 9.98 8.21

Market returns are based on the midpoint of the bid/ask spread at 4 p.m. ET and do not represent the returns an investor would receive if shares were traded at other times. Performance data quoted represents past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, and shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than performance data quoted. After-tax returns reflect the highest federal income tax rate but exclude state and local taxes. Fund performance reflects applicable fee waivers, absent which, performance data quoted would have been lower. After Tax Held and After Tax Sold are based on NAV. Returns less than one year are cumulative.

as of 09/30/2020

Growth of $10,000

Data beginning 10 years prior to the ending date of 09/30/2020. Fund performance shown at NAV.

NASDAQ OMX US Water Index* performance prior to 3/1/2012 reflects that of the original Underlying Index Palisades Water Index. From 3/1/2012, forward, the Index performance reflects that of the Underlying Index NASDAQ OMX US Water Index AND IS NOT INTENDED FOR ANY THIRD PARTY USE.

An investor cannot invest directly in an index. The results assume that no cash was added to or assets withdrawn from the Index. Index returns do not represent Fund returns. The Index does not charge management fees or brokerage expenses, nor does the Index lend securities, and no revenues from securities lending were added to the performance shown.

as of 01/15/2021

Industry Allocations

Industry Percent of Fund
Machinery 30.14%
Water Utilities 18.12%
Life Sciences Tools & Services 8.57%
Building Products 8.49%
Health Care Equipment & Supplies 7.81%
Industrial Conglomerates 7.14%
Chemicals 7.03%
Electronic Equipment, Instruments & Components 5.33%
Commercial Services & Supplies 4.12%
Construction & Engineering 3.24%
Investment Companies - MMF 0.06%
Cash -0.04%
as of 01/14/2021

Market Cap & Style Allocations

Large-Cap Value 1.27%
Large-Cap Blend 21.77%
Large-Cap Growth -
Mid-Cap Value -
Mid-Cap Blend 39.36%
Mid-Cap Growth -
Small-Cap Value -
Small-Cap Blend 21.39%
Small-Cap Growth 16.21%

as of 01/15/2021 Top Holdings | View All

Fund Holdings subject to change

Ticker Company % of Fund
WAT Waters Corp 8.57
DHR Danaher Corp 7.81
AWK American Water Works Co Inc 7.71
ROP Roper Technologies Inc 7.14
ECL Ecolab Inc 7.03
WMS Advanced Drainage Systems Inc 4.75
PNR Pentair PLC 4.12
TTEK Tetra Tech Inc 4.12
XYL Xylem Inc/NY 3.99
TTC Toro Co/The 3.98
The characterizations of distributions reflected in this table are as of the date noted below. The actual amounts of income, capital gains and return of capital for tax purposes are only determined after the Fund’s fiscal year end, and may differ from the amounts and characterizations reflected in the chart below. Please refer to the Tax Center for the most current and/or final characterizations of these distributions, including any distributions characterized as return of capital.

Distributions | HideView All | Distribution Information

Ex-Date Record Date Pay Date $/
Share
Ordinary Income Short Term Gains Long Term Gains Return of Capital Liquidation Distribution
12/21/2020 12/22/2020 12/31/2020 0.04550 0.04550 - - - -
09/21/2020 09/22/2020 09/30/2020 0.03649 0.03649 - - - -
06/22/2020 06/23/2020 06/30/2020 0.06153 0.06153 - - - -
03/23/2020 03/24/2020 03/31/2020 0.03616 0.03616 - - - -
12/23/2019 12/24/2019 12/31/2019 0.04519 0.04519 - - - -
09/23/2019 09/24/2019 09/30/2019 0.03284 0.03284 - - - -
06/24/2019 06/25/2019 06/28/2019 0.08953 0.08953 - - - -
12/24/2018 12/26/2018 12/31/2018 0.05020 0.05020 - - - -
09/24/2018 09/25/2018 09/28/2018 0.02270 0.02270 - - - -
06/18/2018 06/19/2018 06/29/2018 0.05675 0.05675 - - - -
12/18/2017 12/19/2017 12/29/2017 0.02415 0.02415 - - - -
09/18/2017 09/19/2017 09/29/2017 0.02062 0.02062 - - - -
06/16/2017 06/20/2017 06/30/2017 0.05747 0.05747 - - - -
12/16/2016 12/20/2016 12/30/2016 0.07629 0.07629 - - - -
09/16/2016 09/20/2016 09/30/2016 0.02593 0.02593 - - - -
06/17/2016 06/21/2016 06/30/2016 0.01407 0.01407 - - - -
03/18/2016 03/22/2016 03/31/2016 - - - - - -
12/18/2015 12/22/2015 12/31/2015 0.06163 0.06163 - - - -
09/18/2015 09/22/2015 09/30/2015 0.02641 0.02641 - - - -
06/19/2015 06/23/2015 06/30/2015 0.07483 0.07483 - - - -
03/20/2015 03/24/2015 03/31/2015 - - - - - -
12/19/2014 12/23/2014 12/31/2014 0.03799 0.03799 - - - -
09/19/2014 09/23/2014 09/30/2014 0.02874 0.02874 - - - -
06/20/2014 06/24/2014 06/30/2014 0.08644 0.08644 - - - -
12/20/2013 12/24/2013 12/31/2013 0.02254 0.02254 - - - -
09/20/2013 09/24/2013 09/30/2013 0.02389 0.02389 - - - -
06/21/2013 06/25/2013 06/28/2013 0.08126 0.08126 - - - -
03/15/2013 03/19/2013 03/28/2013 0.00000 0.00000 - - - -
12/21/2012 12/26/2012 12/31/2012 0.04147 0.04147 - - - -
09/21/2012 09/25/2012 09/28/2012 0.01826 0.01826 - - - -
06/15/2012 06/19/2012 06/29/2012 0.10029 0.10029 - - - -
03/16/2012 03/20/2012 03/30/2012 0.02108 0.02108 - - - -
12/16/2011 12/20/2011 12/30/2011 0.01816 0.01816 - - - -
09/16/2011 09/20/2011 09/30/2011 0.01612 0.01612 - - - -
06/17/2011 06/21/2011 06/30/2011 0.07430 0.07430 - - - -
12/17/2010 12/21/2010 12/31/2010 0.07639 0.07639 - - - -
06/18/2010 06/22/2010 06/30/2010 0.02548 0.02548 - - - -
12/18/2009 12/22/2009 12/31/2009 0.07262 0.07262 - - - -
09/18/2009 09/22/2009 09/30/2009 0.00436 0.00436 - - - -
06/19/2009 06/23/2009 06/30/2009 0.03651 0.03651 - - - -
03/20/2009 03/24/2009 03/31/2009 0.00209 0.00209 - - - -
12/19/2008 12/23/2008 12/31/2008 0.04239 0.04239 - - - -
06/20/2008 06/24/2008 06/30/2008 0.01919 0.01919 - - - -
03/20/2008 03/25/2008 03/31/2008 0.01822 0.01822 - - - -
12/21/2007 12/26/2007 12/31/2007 0.01763 0.01763 - - - -
09/21/2007 09/25/2007 09/28/2007 0.01328 0.01328 - - - -
06/15/2007 06/19/2007 06/29/2007 0.03052 0.03052 - - - -
03/16/2007 03/20/2007 03/30/2007 0.02358 0.02358 - - - -
12/15/2006 12/19/2006 12/29/2006 0.07779 0.07779 - - - -
09/15/2006 09/19/2006 09/29/2006 0.03621 0.03621 - - - -
06/16/2006 06/20/2006 06/30/2006 0.03737 0.03737 - - - -
12/30/2005 01/04/2006 01/31/2006 0.02682 0.02682 - - - -
12/16/2005 12/20/2005 12/30/2005 0.00627 0.00627 - - - -

Frequency Distribution of Discounts & Premiums

    Bid/Ask MidPoint Above NAV
Quarter
Ending
Days 0.00-
0.25%
0.26-
0.50%
0.51-
0.99%
1.00-
1.49%
1.50-
1.99%
≥2.00%
12/31/2020 64 33 3 0 0 0 0
09/30/2020 64 30 1 0 0 0 0
06/30/2020 63 26 6 0 0 0 0
03/31/2020 62 20 2 0 0 0 0
Year Ended 2020 253 109 12 0 0 0 0
    Bid/Ask Midpoint Below NAV
Quarter
Ending
Days 0.00-
0.25%
0.26-
0.50%
0.51-
0.99%
1.00-
1.49%
1.50-
1.99%
≥2.00%
12/31/2020 64 26 2 0 0 0 0
09/30/2020 64 29 4 0 0 0 0
06/30/2020 63 24 7 0 0 0 0
03/31/2020 62 34 2 3 1 0 0
Year Ended 2020 253 113 15 3 1 0 0

Fund Inception : 12/06/2005

Shareholders may pay more than net asset value when they buy Fund shares and receive less than net asset value when they sell those shares, because shares are bought and sold at current market prices. Performance data quoted represents past performance, which is not a guarantee of future results.

Premiums/Discounts

Shareholders may pay more than net asset value when they buy Fund shares and receive less than net asset value when they sell those shares, because shares are bought and sold at current market prices. Performance data quoted represents past performance, which is not a guarantee of future results.

 Risk & Other Information

Typically, security classifications used in calculating allocation tables are as of the last trading day of the previous month.

There are risks involved with investing in ETFs, including possible loss of money. Shares are not actively managed and are subject to risks similar to those of stocks, including those regarding short selling and margin maintenance requirements. Ordinary brokerage commissions apply. The Fund's return may not match the return of the Underlying Index. The Fund is subject to certain other risks. Please see the current prospectus for more information regarding the risk associated with an investment in the Fund.

Investments focused in a particular industry, such as water, and sector, such as industrials, are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments.

Stocks of small and mid-sized companies tend to be more vulnerable to adverse developments, may be more volatile, and may be illiquid or restricted as to resale.

The risks of investing in securities of foreign issuers can include fluctuations in foreign currencies, political and economic instability, and foreign taxation issues.

The Fund is non-diversified and may experience greater volatility than a more diversified investment.

The Palisades Water Index is a modified equal-dollar weighted index designed to track the performance of companies engaged in the water industry.

The Global Industry Classification Standard was developed by and is the exclusive property and a service mark of MSCI, Inc. and Standard & Poor's.

The Invesco Water Resources ETF is not sponsored, endorsed, sold or promoted by the NASDAQ OMX Group, Inc. or its affiliates (NASDAQ OMX, with its affiliates, are referred to as the "Corporations"). The Corporations have no liability in connection with the administration, marketing or trading of the Invesco Water Resources ETF. "NASDAQ®" is a registered trademark and is used under license.